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<br /> - _ :57.
<br /> ...._..,�..,�.�..�...•ayJ ' �,•. .•�'��
<br /> � . ADJUSTABLE RATE RID�i 93 ��,�
<br /> _ --- � (t Ywr Tn�uryr I�da�•ItWt Crps) •
<br /> - - �r�tis�w��sc�s[.e�re��ngRi�m.ach�� 24TH ayo� NOUEMBER .�s 93 .
<br /> ' • �wd M iacapatM«!iaW a�d�II M dwn�d to aaNad�nd wppl�n�t tM Mat{ye,t�d of Tttw,or Swurky D�1(tYa"Suurily IaNtuaml"�o!
<br /> tM�d�t�{Iwn bp tM u�d�r�n�d(tbe"Borto�")to wcure bonovwr'�AdJuK�blt Rus Not�(tl�e"Natt")to
<br /> ���Uha��Lw�dw••)o►tM wn�d�tt�ad oowr►y tM prop�wty dNCdMd ia tM S�curAy I�utnum�at aad loraud w:
<br /> -� 2001 W. CHARLES, GR/iND ISIAN�� iJEBRASKA 68801
<br /> r.�� lProperty Addcas)
<br /> —v�
<br /> —��--�� riM �.�e eo.W.s�eo+�Wor aMaN.�ta eY..ps M .y I�w�.st na � .y■onuly
<br /> ------- —�a� P�Yw�b.TM4 Mtt�fw Wdu tIK��►�t wy i�knst rau eu c4y�st iuy o�tl�t uw!
<br /> -ry ����!� Y�o tIt�MI�wi tM�xiw�n1e 1�t Myr.
<br /> —=-�v--�"`''�' ADDITIONAL COVENANfS,ta additian to the wvewnq aad yreemenu made in tbe SecurRy Inurument.8orrower snd[.endsr
<br /> — •�;�.��;��;r��: fYutl�covematanda�raofoUo�►n:
<br /> - A. 11Vi�RFbT RATE AND MON'[HLY�AYMENT CHANGFS
<br /> '_",° '— -�-°- - �_=� Tlx Note prov(da tor an inlWl intaat nte ot 4.75 �,��n 4 of the Nate provlda for chtn�es in tha intaat tato wd tht
<br /> 'c ` mwthiY D�Y��s.o toUows:
<br />_ :' �..
<br /> .��°":.;iEwa.t'i,r�'"
<br />- t a ..:� , �. INTfR�ST RATE AND MONTHL Y PAYMBNT CNANOBS
<br /> - ',.,>;:,.•-�'.,'
<br /> . (A) C�e D�1a
<br /> � '. 'I'be interat nk I wiil pay may chan�e on[he first day of DECEI►1BER ,19 94 .tnd oa thst day every
<br /> '�'1Ci� . �? montlu therafter.F.�ch date on Wh(ch my intereat nte could ch�nae is cdtod a"Chanae Due."
<br />. ; (B) 'rielMex
<br /> �tir'��`_}�'� "� hanae Date,my inurat rate will be bascd on�n Indcx.The"Index is tiw wakly aven�e y(eld on Unital Sttta
<br /> ,.,�,�,x._�r.a'r:��� . 9e{fnnin�withtheflatC
<br /> ..
<br /> . Trwury securitles adjusted to a constant maturity of 1 year,u made available by the Foderal Retme 8oard.The mat receat ladex Bsuro
<br />_ ;•• . , avai�ble u of the due 45 days before ach Chan�e Dwte is calkd the•'Currcnt Index."
<br /> ` ' If tk Index b no lon�er aw�ilabk,the Note Hoider w[ll chowe a new index which is based upon comparaWe intotnudor�.The Note
<br /> • • - .. �' Holda wW�ive me noUce of this choke.
<br /> . �uiii•:...,�
<br /> ----:•;:, .�.. °---_-=_- ce:) c+�nMao�otCW�es TWO AND ONE-HALF
<br /> �, , B�tae dch CIw�Ye pate,ihe Nae Holder will c�kulate my new interat rate by addina perceau�e
<br /> P��u+( 2•5 S�)to the C�rrent Index and roundina to the nearat li8th of 1�Y.subject to the Itmta tuted in Section�(D)below.
<br /> ThLrounded amount wlil be my new inurat rate until the�ezt Clwnse Wtte.
<br /> 'I'he Note Holder wlll thcn determine the amount of the monthly payment that would be suffic(ent to repay In full the principal I am
<br /> expatod a owe on that Chu�e Date in aubsuntially equel piyments by the nwuarlty date at my now lntercst tue.Ttk rault ot this calculstion
<br /> wiU 6e the new�mount of my monthly payrtient.
<br /> (D1 Li�ib w I�terat Wite CY�r�es
<br /> ;*, The intaat rate I am rcquired to pay nt the first Chan�e Date will not be greater than s'�� �IY 9r_las than
<br /> =.�' • ��;. .^ 2•75 �Yi.Therptta,my interest rate wfll never be incrcased or dcerrued on any sinQle Chan�e Date by more than ��w
<br /> _ , ; ',, �2•�`�� from the rate of Interat 1 havc bem payin�for tht preccdin�twelve months.The m(nimum intercst rate on thts loan wiU never be
<br /> ./' � i , ��.;;r;;' ' {as thtn 2-75 �and the maximum incerat ratewUt never be�rwter than 9.?5 'y.
<br /> � �
<br /> . , �.�,,;;� � (� EtfecUve D�k ot Qu��a
<br /> i ,. Mynew interpt rate will bccome effoctive on each Chan�e pate,i wflt pay the amount of my new montlily payment besinnin�on the fint
<br /> , � montbly pyrnent Mte atter the Chan�o Date untll the amount of my monthly payment chanQes syain.
<br /> � � i (F7 Notlee of C��es
<br /> �. • Ttx Note Holder wfll mali or deliver to me a no�icc before euh Chan�e Date.The naia will advfa me of�
<br /> � (i) tfx new interat�ate on my loan ns of the Ch�n�e Date;
<br /> ,;�-
<br />=' �=w� (�i) the amount of my monthly paymknc Pollowin�tMe Chan�e Date;
<br /> R=" '�� �.;::,..� � (iii) anyaddition�l matten wh(ch the Note Nolder is required to disciwc;and
<br /> " �'�' � " (iv) thaddress ot the atto�,�iatfoa you oould conttct r
<br />- , ►.:� e�ardin�Rny questions abouc the�djwtment notia.
<br />_ �""'�1. �, R CliA1tCFSi LIENB
<br /> �� �� ` Uaitarm Covea�ot 4 ot the Security Imtrument ic am¢nded co read as followi:
<br /> ! ' 4. (.1�;iJNr.Borrower:hill pay�11 caxes�auessments.and other char�es.tlnes,u�d lmpoaiHon:attributable to the Property which m�y
<br /> �, . , uain a prb►ityovcr tfiis Savrity Instrument,anQ twsd�oid pymcnts ot sraund rrnb,if any,in the msnnet provided under pan�raph 2 hereof
<br /> �,• . `': . or.it not pid in wch manaer,b Borcower mat�i
<br /> , , � Y �p a y m e n c,w h e n d u e,d i r o c d y ro t h c p a y a t h e r e o t.B o r r o w e r i h a U p r a o p t l y f u r n i s h L e n d e r
<br /> .,, dl�otk�caof smouau due under this pvairaph,md in the event Bwrowet chall make p�ymmt directly,Barowa:hall promptly furnish to
<br /> �"'-- - I.ender �aodpn evidencin��ueh paymencs. Botrower shail promptly dischaQe any Iim which has priortty over this Security Ieuuument;
<br /> j;;:,`�' . . bowevat.Borrower�hall na be required to disclur�e�ny wch tim�o ton�u Borrower:(a)�ha11 yroe in writin�to the p�ymrnt of the
<br /> r."__ ` ,,�y,�' '�'• obiiptloa�ec�ued by:uch Um in the manner acoeptable to Lender;(b)shalt in Qood f�ith contest:ueh lien by.a defend yafnst mforoement of
<br /> _ >:^�r�.`i,:; wch Ika in,le�l proceedin�s which in the opinion ot Lender operue to prevmt the enforament of thr Um or torf'dturc of the Propaty or any -
<br /> - _ part tAereoh. a(c)�hall secum fraa tbe holder ot such ika sn a�nement fn a torm utt�fa�KOry to Laider wbordinatia�wch!kn to this
<br /> � s.nruy Intrwoent.
<br /> t1�.�J—�_.__�_ _.
<br /> ' .. .�.«�.�..c.awo�w iiri ui ar any prt oi�ne i+topetty ts suDject to a lien which auy attaln a priority over this Secur(ty Inarument.
<br /> _— La�dK shdl Qive Borrower a notice idrndfyin�such liea, Borrower sh�tl sadsfy:uch Ilen a ulce one a mae ot the act(ons�et forth above
<br /> witbi�tendaysotcLe�iria�otthe notla.
<br /> G. NO?ICE
<br /> Uuitonn Coveo�ot 14 0[the Security i�utrument it�roq�ded to re�d as follow�:
<br /> 11. N�1•�x�pt fa anY sotioe raquired under�pplkable 4w to be jivet�in anaher manner.(a)�ny tiotice to Borrowet proWded for ie this
<br /> "�Y���U be pvea bY ddiverin�it or by m�ilin�it by fitst cla�c mall to Borcowa at the Property Addreu or at sueh aha addreis
<br /> a�Harower m�y da(p�te bY aotia to Ceada as provlded Merein�and(b?mY nake to I.ender�att 6e�iven by tint c4u mdl to Larkr's
<br /> �ddnu stWed 4adn a to s�a1Kr�ddreu u La�der qkY daiinate bY nake to Borcower u provtded hercia.Any notia prw�ided for in thit -
<br /> Sew�rkY lr�trusmt shdl Ee dee�ed to htve beea�iven to Hatow�a or Lender wb�a sivea ta tLe woar d�ted tMnie.
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